Story | Apr 17, 2014 | 6:18 AM
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Story | Apr 18, 2014 | 4:12 PMNEW YORK (Reuters) - Dozens of the largest U.S. stock exchanges, brokerages and high-frequency trading firms were hit with a class action lawsuit by the capital of the state of Rhode Island, accusing them of manipulating the U.S. securities markets.
Story | Apr 17, 2014 | 4:27 PM
(Reuters) - A year ago, soon after Morgan Stanley posted disappointing quarterly earnings, Chairman and Chief Executive Officer James Gorman told board members the bank was on the right track and investors who sold shares had made a mistake. On Thursday,...
Story | Apr 17, 2014 | 5:53 PM
NEW YORK (Reuters) - Wall Street banks have mounted a massive legal defense of their physical commodities activities, in a last-ditch effort to convince regulators that chartering oil tankers and owning power plants pose no risk to the financial system....
Story | Apr 17, 2014 | 12:37 PM
NEW YORK (Reuters) - BlackRock Inc, the world's largest money manager, said on Thursday first-quarter profit rose 20 percent, boosted by strong performance fees and strength in its retail business as investors poured money into long-term funds. The New...